Valve: 'No project cancellations, despite job cuts'

Valve job cuts will not affect future projects, company head Gabe Newell has confirmed.

Last night it was reported that upwards of 25 Valve employees had lost their jobs, including Jeri Ellsworth, who was said to be working on PC controller prototypes, and director of business Jason Holtman.

Valve boss Gabe Newell refused to comment on personnel changes, but denied claims that the firm was planning to cancel any of its projects.

"We don't usually talk about personnel matters for a number of reasons. There seems to be an unusual amount of speculation about some recent changes here, so I thought I'd take the unusual step of addressing them," Newell told Endgadget.

"No, we aren't canceling any projects. No, we aren't changing any priorities or projects we've been discussing. No, this isn't about Steam or Linux or hardware or [insert game name here]. We're not going to discuss why anyone in particular is or isn't working here," he added.

Valve is currently working on its own Linux-based console-like PC commonly referred to as the 'Steam Box'.